Finance is basically short term finance that has been arranged until long
term funding (or sale) can be put in place.
you have a temporary cash-flow problem that arises from the common situation of
having to wait to sell an existing property to buy a new property then Global
Capital Commercial may be able to assist.
Finance is a short term funding solution that generally features a slightly
higher interest rate than conventional mortgages as the lender is taking a risk
on the uncertainty of a pending sale of the existing property. The lender
provides the funding on the basis that the existing property will be able to be
an example, many people find themselves in the situation of buying a new property at the same time as selling an existing property and the possibility exists that
they’ll be put in the situation where they need to complete the purchase, but
the funds from the sale of their existing property have
not materialised due to a delay in the sale process. In this instance a lender
may provide Bridging Finance, taking security over both the existing and the
new property. These loans are typically made on an interest only basis for
terms up to twelve months.
Capital Commercial can assist clients
arrange a sensible Bridging Finance solution that meets their financial requirements.
If you would like to speak to one of our consultants for further information regarding Bridging Finance loans contact Global Capital Commercial on 02 9222 9100 or if you would prefer one of our consultants to contact you regarding your bridging finance requirements please complete and return our one page enquiry form.
|FIND OUT HOW WE CAN ASSIST YOU >